Nigeria seeks $4 billion investment for comprehensive green energy transmission by 2050, says ECN

Mustapha Abdullahi, the director-general of the Energy Commission of Nigeria (ECN), says Nigeria will need $4 billion to go fully green by 2050.

Mr Abdullahi stated this at a press briefing on clean, renewable energy and energy efficiency use in Nigeria in Abuja on Friday.

He said that the commission had been in consultation with some firms to invest in Nigeria’s renewable energy sector.

”No country relies totally on its own resources to build renewable energy plants, they make the environment conducive for investors to move in.

”As a commission, we are making policies that will attract investments in renewable energy generation,” he said.

Mr Abdullahi said that the commission had been allocated 500 hectares of land by the Federal Capital Development Authority.

”We call it the Abuja Technology Village, We intend to make it a Tech city where investors will come and build several solar plants and renewable energy plants.

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